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20121230
20121230
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deficit to china being $29.8 billion per month. that is just one country. you start to add up all the trade deficit that we have with all of these different trading partners over the years, i am sure that it is close to about $1 trillion per year. >> thank you for the comments. let's go to sarasota next. caller: good afternoon. the way that i look at it, as a 74-year-old professional pharmacist with a minor in economics, the reason i am independent is because republicans and democrats cannot seem to get it together. the biggest problem that we have now is the reason why we cannot do what we are supposed to do for the entire country. one middleman adnan grover norquist. someone who was never even elected. here is a man that has caused all the problems. all of the republicans have signed this pledge, which to me is unconstitutional. without him, we would not be talking today. >> salem, oregon, republican line. you are on the air. caller: good morning. as a college student, and i have listened to every single caller, this is an embarrassing day for our country. i am a first-time job
china and europe and japan are having major problems of their own. that could affect the way they do business with us. joining us is to talk about, ed, good to see you. biggest problem some of these governments to stimulate their economies, die let's just print a bunch of money. that has catastrophic events with them and even with the united states that may tried traded with them. >> that seems to be just to print money. that is not how it works. when somebody prints money, it's devalues their currency which makes anything they want to export or anything that they are importing more expensive. that is why your food is more expensive because we imported a lot of that. that is why energy is more expensive because we import a lot of that. if every country is doing that, its race to the bottom how quickly they can devalue their currency. >> we trade with so many different nations. we trade with europe and certainly with china. look at our trade imbalance and you can figure that out. europe has only a handful of countries that are doing decently? >> there is about six. they are in the nor
world attention to what they see is china's repressive world. okay worst political scandal. pat? >> worst political scandal? i would say general petraeus and his girlfriends. >> really? >> well, i brought down -- look they almost brought down the entire central command down there in florida over with due respect two young ladies and it was a horrendous scandal and destroyed the career of one of the most famous american generals of the 21st century. >> conduct unbecoming a gentleman. >> what he said. go ahead eleanor. >> i have to agree but i must say i'm waiting for the book i'm sure he will write a book. i hadpy they jus too but my backup dsk who -- would have been the president of france if he hadn't changed a hotel chamber maid around the room in new york. that was just settled in a civil suit. he paid up big. >> i would have to say benghazi. failure of the obama administration to protect our diplomats and a ridiculous attempt to cover it up. >> dynamite. >> the cover-up has yet to be proved but petraeus has to win. i mean -- here's a career that was just going so spectacular
and china open and australia only half a day. so you will get a muted response, but don't for get that we have really got one more day of this, right. there is not going to be a deal tonight, because it is not dramatic enough, and they have to let it go another day, and the markets might get a little bit of a breather, but trust me, as tomorrow goes, and as trading get starts and the day wears on and appears that we are getting nothing, you will start to see the pressure on the market as we move into the end of the day. like i said on the prior show, if we get a band-aid, that is worse than getting actually letting us go over the cliff. >> why? >> because i think that if we go over the cliff, then there is clarity and everybody knows what happens, taxes here and spending there, and the only thing that can happen after that is that it can improve because the legislators will talk about cutting the taxes and raising the spending and standing up to say, what a great job we did and pat themselves on the back. if we get a band-aid, all we have done is to cause more confusion and kicked the can
you, too. i'm not going borrow money from china to pay for it. >> sad. no more big bird. >> that happened. >> that's mitt romney. the whole election we get watching it. the whole time we watch mitt romney do these things where you go common says you can't do that. a side note, why was he moderating at the time? i felt like he didn't want to be there. they kidnapped his daughter and liam neeson was looking for him. romney was like he did that the entire time. he put his foot in his mouth more time in this election. he made that move, made a birther joke. a birther joke. a birther joke! >> you have been called many things but -- mitt romney has been called many things in 2012 and beyond but i'm going to go with here, it's the first time he was called a -- kneegrow. >> he doesn't have that? is that a rumor? >> this will give him confidence when he goes to the naacp. >> they knew romney was making a mess. my governor, bobby jindal immediately threw romney under the bus worse than romney threw big bird under the bus. take a listen. >> we have to compete for 100% of the vote,
Search Results 0 to 4 of about 5